If u saw my previous UJ chart, u will know i was expecting a possible retrace, however price has broken out of structure,
Now for a possible safe long entry will be too wait for price to close above 0.764 area before entering
Possible start of new trend
Breakout in structure
Aj may continue to show bearish action,
Since my preferred breakout on the 4hour fib entry was missed, i have acknowledge another area where i will take on a short position.
I will be selling if this current 4hour candle breaks the current trendline its testing.